InvestorQ : It is great to hold digital gold but can I also convert this digital gold into physical gold for gifting?
Neelam Naik made post

It is great to hold digital gold but can I also convert this digital gold into physical gold for gifting?

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Priyanka N answered.
3 years ago
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This is one of the unique advantages of Digital Gold. In fact, MMTC-PAMP offers you the facility to take delivery in cash or in physical gold. The physical gold charges will be applicable when you take delivery in physical gold but that will be quite marginal. Effectively, you are able to plan your long term gold purchases in a more systematic and intelligent manner. In India, people need to buy substantial gold for functions like weddings. Digital Gold is an asset class that you must seriously look at. It is not just about the allure of gold but also of the safety and hedge that Digital Gold offers with minimum hassles. From the perspective of buying gold this Dhanteras or from the point of view of keeping gold as a portfolio hedge, Digital Gold could be the answer to most of your questions, including the steep cost of holding such gold.

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